The Industrial Goods sector, as tracked by the NGX Industrial Index, represents a vital segment of the Nigerian stock market, with a market capitalization of N16.2 trillion.
As of the trading week ended 19th September 2025, it ranked second only to the Consumer Goods sector, which leads with N19.8 trillion, pushing the Banking index to third place at N14.7 trillion.
Relative to the Nigerian All-Share Index, currently valued at N89.74 trillion, the Industrial Goods sector accounts for 18.13% of total market capitalization.
The sector consists of companies whose outstanding shares, when multiplied by their market prices, create a combined value that influences both the Industrial Index and the broader All-Share Index.
Their market capitalization, or size, is therefore determined by the number of shares listed and how well those shares perform in terms of price movement.
This work ranks the top 10 stocks under the NGX Industrial Index based on their size, or market capitalization.
Here they are:
Tripple Gee & Company Plc, a secure printing and packaging firm, holds the 9th position with a market capitalization of N5.54 billion. This represents 0.034% of the Industrial Index and approximately 0.006% of the All-Share Index.
The company has 989,908,000 outstanding shares, and its stock has turned heads in 2025 with a year-to-date surge of 173.17%, leaping from N2.25 to N5.60.
Total assets as of June 30, 2025, stood at N5.06 billion, with property, plant, and equipment alone valued at N3.1 billion. Despite a higher turnover of N442 million in H1 2025, rising costs left the company with a pretax loss of N105.6 million, down by 6% year-over-year.
Comments 1